Thai cell operator AIS has struck a solar energy deal for off-grid base stations with a subsidiary of its largest shareholder Gulf Energy Development, geared toward increasing community protection to distant areas whereas decreasing prices. of electrical energy.
In an announcement, the operator famous that its board authorized a procurement and building settlement with Gulf1 Co for off-grid photo voltaic initiatives consisting of 20 base stations. The deal is price THB23.3 billion ($633.6 million), with the websites anticipated to be accomplished by the tip of 2024.
AIS added that the challenge is in keeping with the sustainable enterprise agenda, which focuses on growing the proportion of renewable vitality by 501.23MWh per yr and decreasing greenhouse fuel emissions by 300.03 tons equal to carbon dioxide (CO2e). The firm has set the aim of accelerating renewable vitality use to five p.c of whole vitality consumption.
Gulf Energy Development is the biggest shareholder (46.6 p.c) of Intouch Holdings, which has a 40.4 p.c stake in AIS.
AIS is Thailand’s second largest cell participant with 45 million connections on the finish of March, behind True Corp’s 50.8 million, information from GSMA Intelligence exhibits.
